Labour Costs in Italy decreased to 108.70 points in the fourth quarter of 2020 from 109.70 points in the third quarter of 2020. source: National Institute of Statistics (ISTAT)

Labour Costs in Italy averaged 90.05 points from 1980 until 2020, reaching an all time high of 119.40 points in the second quarter of 2020 and a record low of 44.50 points in the first quarter of 1980. This page provides the latest reported value for - Italy Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Labour Costs - values, historical data and charts - was last updated on April of 2021.

Labour Costs in Italy is expected to be 115.32 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Italy to stand at 109.90 in 12 months time. In the long-term, the Italy Labour Costs is projected to trend around 111.43 points in 2022 and 113.22 points in 2023, according to our econometric models.

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Italy Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
108.70 109.70 119.40 44.50 1980 - 2020 points Quarterly
2010=100, SA

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.20 10.30 13.30 5.90 percent [+]
Employed Persons 22197.01 22190.74 23462.24 21915.72 Thousand [+]
Unemployed Persons 2517.94 2526.60 3374.18 1418.20 Thousand [+]
Part Time Employment 35061.53 34901.68 37249.12 19609.13 Hundreds Person [+]
Full Time Employment 143060.67 142891.60 148487.11 132977.43 Hundreds Person [+]
Employment Rate 56.50 56.40 59.30 54.80 percent [+]
Labor Force Participation Rate 63.00 63.00 66.00 61.20 percent [+]
Long Term Unemployment Rate 5.10 5.00 8.00 2.60 percent [+]
Youth Unemployment Rate 31.60 32.70 43.40 19.40 percent [+]
Labour Costs 108.70 109.70 119.40 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2502.00 2470.00 2502.00 1176.00 EUR/Month [+]
Wages in Manufacturing 103.80 103.80 103.80 2.00 points [+]
Wage Growth 0.70 0.70 15.80 0.30 percent [+]
Population 59.64 59.82 60.80 50.03 Million [+]
Retirement Age Women 67.25 67.00 67.25 59.00 [+]
Retirement Age Men 67.25 67.00 67.25 59.00 [+]
Employment Change 0.90 -2.40 1.30 -2.40 percent [+]